Robeco Multi Asset Sustainable D EUR
- Fully sustainable multi-asset solution with a neutral risk profile
- Combination of fundamental, thematic and factor sustainable investments
- Active asset allocation to enhance both risk and return
About this fund
Price development
Performance
{{'fund.detail.general.perDate' | labelize:[ fundDate(fund.fundPerformances.date,'llll') ]}}| Fund | Reference index | |
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| {{'fund.detail.performance.period.sinceInception' | labelize:[ fundDate(fund.fundPerformances.sinceStart.startDate,'MM-YYYY') ]}} |
Annualized (for periods longer than one year).
Cumulized (total amount of return).
Performances are gross of fees and based on closing values. In reality, costs (such as management fees and other costs) are charged. These have a negative effect on the returns shown.
Performances are net of fees and based on transaction prices.
| Fund | Reference index | |
|---|---|---|
Annualized (for periods longer than one year).
Cumulized (total amount of return).
Performances are gross of fees and based on closing values. In reality, costs (such as management fees and other costs) are charged. These have a negative effect on the returns shown.
Performances are net of fees and based on transaction prices.
Performance explanation
{{'fund.detail.general.perDate' | labelize:[ fundDate(fund.fundInvestmentExplanations.date,'llll') ]}}The return of the Robeco Sustainable Multi Asset fund was -2.84% in October. The portfolio is investing in both equities and bonds. The thematic funds showed mixed returns, while the accent on Sustainable Conservative equities contributed positively to the performance as this fund declined less than the market average. All in all, the performance of the sustainable portfolio was in line with market developments.
Statistics
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Market development
{{'fund.detail.general.perDate' | labelize:[ fundDate(fund.fundInvestmentExplanations.date,'llll') ]}}Although equity markets rose towards the end of the month, the damage was already done. All equity markets declined sharply. The turmoil was mainly caused by the quarterly results, which were not as good as expected. In Europe, the discussions around Brexit and the Italian budget added to the turbulence. And also interest rates rose further. But all in all, things did not really change economically. The US economy is still doing fine and there are no signs of a recession. Emerging markets also declined, despite the soaring Brazilian market. Asian equity markets suffer from the trade war between China and the US. The oil price also declined, by nearly 10%. The main reason was that supplies turned out to be not as tight as expected earlier. Investors turned to safe havens like German Bunds and French government bonds. Corporate bonds fell as risk premiums rose. Gold suddenly was an attractive asset class, after having been ignored for a long time.
Fund allocation
{{'fund.detail.general.perDate' | labelize:[ fundDate(fund.fundAllocations.date,'llll') ]}}| Name | Sector | Weight |
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Fund Classification
| Yes | No | N/A | ||
|---|---|---|---|---|
| Voting | ||||
| Engagement | ||||
| ESG integration | ||||
| Exclusion |
| Yes | No | N/A | ||
|---|---|---|---|---|
| Screening | ||||
| Integration | ||||
| Sustainability Themed Fund |
Currency policy
Except for the active currency positions, currency risks are partly hedged to the base currency of the fund (EUR).
Dividend policy
This share class of the fund does not distribute dividend.
ESG Integration policy
Robeco Multi Asset Sustainable primarly invests in Robeco and RobecoSAM funds. Sustainability is a decisive factor in the fund-selection process. The portfolio consists of impact (SDG), thematic and sustainable funds. ESG integration is applied in the full composition of the portfolio. In the Robeco and RobecoSAM funds Environment, Social and Governance (ESG) factors are systematically integrated in the highly disciplined investment process, by using the wealth of ESG research of over 4500 companies from the annual RobecoSAM Corporate Sustainability Assessment. Next to ESG integration, extensive exclusions and negative screening are applied. Robeco conducts proxy voting and engagement activities. The voting policy is based on the International Corporate Governance Network objectives. Engagement takes two forms: a pro-active approach on financially material ESG issues, and a reactive approach on breaches of the UN Global Compact principles by investee companies. The overall portfolio plays into specific sustainability themes and aims to have a substantially better ESG profile than the benchmark, a lower environmental footprint (GHG, energy, waste, water) and a positive exposure to companies that contribute to achieving the sustainable development goals (SDG).
Investment policy
Robeco Multi Asset Sustainable is an actively managed global multi-asset fund, fully focused on sustainability. The fund has a moderate risk profile and mainly invests in sustainable equity and bond funds of Robeco and RobecoSAM that meet the highest standards of sustainable investment. The portfolio management team can also use other investment instruments to enhance the risk-return profile of the fund. The fund is managed by an experienced team of specialists in multi-asset investing with a proven track record of more than 20 years. The investment strategy also relies on the sustainability research of RobecoSAM. RobecoSAM is an investment specialist focused exclusively on Sustainability Investing with more than 20 years of experience in sustainability, thematic and impact investing.
Risk policy
Risk management is fully embedded in the investment process to ensure that the fund's positions remain within set limits at all times.
Expectation of fund manager
{{'fund.detail.general.perDate' | labelize:[ fundDate(fund.fundFacts.date,'llll') ]}}The turmoil on the equity markets was no reason for us to become negative towards equities. On the contrary. As we see no signs of a significant slowdown nor a recession in the US, we added extra equities to the already overweight position of equities in the portfolios.
Ruud van Suijdam, Jeroen Blokland
Mr. Jeroen Blokland is Portfolio Manager with Robeco within the Robeco Global Allocation team. Jeroen is portfolio manager of the Robeco Pension Return Portfolio since the launch in March 2012. Prior to joining the Robeco Global Allocation team, he was employed by IRIS, the independent Institute for Research and Investment Services of Robeco and Rabobank, as an Investment strategist since 2005. He started his career at Interpolis in 2002, where he held a position as asset manager and investment strategist. Jeroen holds a Master's degree in Economics from Erasmus University, Rotterdam. Mr. Ruud van Suijdam is Portfolio Manager Global Allocations at Robeco since June 2011. From October 2007 to June 2011, Ruud worked for Rabobank Nederland as an Analyst/ Product manager for Investment funds. Previous affiliations include a position as Investment Analyst at IRIS and a position as Investment Advisor at Rabobank. Ruud holds a Master's degree in Financial Economics from the University of Groningen.
Details
{{'fund.detail.general.perDate' | labelize:[ fundDate(fund.fundFacts.date,'llll') ]}}| Management company | |
| Fund capital | |
| Outstanding shares | |
| ISIN | LU1821198576 |
| Bloomberg | ROMASDE LX |
| Valoren | 41769890 |
| WKN | |
| Availability | |
| 1st quotation date | 1528243200000 |
| Close financial year | 31-12 |
| Legal status | |
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Cost of this fund
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Transaction costs |
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Performance fee |
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Extra fees
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Fiscal product treatment
The fund is established in Luxembourg and is subject to the Luxembourg tax laws and regulations. The fund is not liable to pay any corporation, income, dividend or capital gains tax in Luxembourg. The fund is subject to an annual subscription tax ('tax d'abonnement') in Luxembourg, which amounts to 0.05% of the net asset value of the fund. This tax is included in the net asset value of the fund. The fund can in principle use the Luxembourg treaty network to partially recover any withholding tax on its income.
Fiscal treatment of investor
The fiscal consequences of investing in this fund depend on the investor's personal situation. For private investors in the Netherlands real interest and dividend income or capital gains received on their investments are not relevant for tax purposes. Each year investors pay income tax on the value of their net assets as at 1 January if and inasmuch as such net assets exceed the investor’s tax-free allowance. Any amount invested in the fund forms part of the investor's net assets. Private investors who are resident outside the Netherlands will not be taxed in the Netherlands on their investments in the fund. However, such investors may be taxed in their country of residence on any income from an investment in this fund based on the applicable national fiscal laws. Other fiscal rules apply to legal entities or professional investors. We advise investors to consult their financial or tax adviser about the tax consequences of an investment in this fund in their specific circumstances before deciding to invest in the fund.
